Funding you earn now, next payment 10:00 UTC+0.0612%/8h= +67.0% APRnext payment +$0.77 per $10,000 · paid last 24h +0.036%
Price spread now: Deribit against Extended−0.166%7-day average +0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$400.395% of the position
Funding, last 4 days (all we have)+0.063%+$6 on $10k
+Price spread, last 4 days (all we have)+0.097%+$10 · spread now −0.166%, 7d avg +0.014%
=Together, before fees+0.160%+ Points / potential airdropExtended: Active · farm board+$16 on $10k · with fees, hour by hour
Funding pays, the price is against you. Deribit is 0.180% cheaper against Extended than usual: you would sell low and buy high (spread −0.166% now, against its 7-day average of +0.014%). If the spread goes back, that is −$18 on $10k: about 24 hours of funding at the current rate (+$18 a day). At the pace of the last 4 days (+0.063% in total) that is about 12 days.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.063% in total (about 5.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.77 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended SOXL-USD | 139.52 | 0 | get 0.0000% / 1h | 56m 53s | $42K | $380K | 10x |
| Short | Deribit SOXL_USDC-PERPETUAL | 139.29 | 0.0612 | get 0.0077% / 1h | 56m 53s | $111K | $386K | 10x |
Extended SOXL-USD
Deribit SOXL_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Extended. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $128.57
- Price spread: −0.166% → +0.014%
- −$17.99
- Slippage, 4 orders
- −$27.5
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $71.08
- Costs to cover
- 0.395%
- Break-even
- 3.1 days
Slippage from Extended: live order book, 36 min ago; Deribit: live order book, 37 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Extended live order book, 36 min ago | 4.05 bp | 7.1 bp −$7 | 17.4 bp −$174 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 37 min ago | 7.70 bp | 14.2 bp −$14 | 17.8 bp −$178 | doesn't fit | doesn't fit |
SOXL on 28 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget SOXLUSDT | −0.1092% | 8h | 139.56 | +0.027% | $59.2M | $152.1M | 20x | as long as short |
| Aster SOXLUSDT | 0.0000% | 8h | 139.52 | −0.001% | $190K | $1.6M | 50x | as long as short |
| Extended SOXL-USDlong | 0.0000% | 1h | 139.52 | long leg | $42K | $380K | 10x | |
| Binance SOXLUSDT | 0.0000% | 8h | 139.51 | −0.009% | $158.9M | $1.56B | 50x | as long as short |
| OKX SOXL-USDT-SWAP | 0.0000% | 8h | 139.54 | +0.013% | $26.5M | $245.4M | 20x | as long as short |
| Gate SOXL_USDT | 0.0000% | 8h | 139.54 | +0.013% | $29.9M | $54.7M | 50x | as long as short |
| MEXC SOXL_USDT | 0.0000% | 8h | 139.60 | +0.056% | $12.2M | $56.4M | 200x | as long as short |
| Variational Omni SOXL | 0.0000% | 8h | 138.80 | −0.518% | $1.9M | $5.6M | — | as long as short |
| SunX SOXL-USDT | 0.0000% | 8h | 139.29 | −0.166% | $1K | $3.8M | 10x | as long as short |
| HTX SOXL-USDT | 0.0000% | 8h | 139.11 | −0.295% | $87K | $1.2M | 50x | as long as short |
Bitget SOXLUSDT
Aster SOXLUSDT
Binance SOXLUSDT
OKX SOXL-USDT-SWAP
Gate SOXL_USDT
MEXC SOXL_USDT
Variational Omni SOXL
SunX SOXL-USDT
HTX SOXL-USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex SOXLUSDT | 0.0000% | 8h | 139.37 | −0.109% | $2.3M | $1.2M | 10x | as long as short |
| BloFin SOXL-USDT | +0.0016% | 8h | 139.35 | −0.123% | $1.3M | $503K | 50x | as long as short |
| Lighter RH SOXL | +0.0032% | 1h | 139.49 | −0.023% | $257K | $1.7M | 20x | as long as short |
| Polymarket Perps SOXL-USD | +0.0050% | 1h | 139.19 | −0.238% | $9K | $291K | 10x | as long as short |
| Ondo Perps SOXL-USD.P | +0.0050% | 1h | 139.21 | −0.224% | $217K | $397K | 10x | as long as short |
| QFEX SOXL-USD | +0.0057% | 1h | 139.05 | −0.338% | $257K | $264K | 30x | as long as short |
| KuCoin SOXLUSDTM | +0.0100% | 8h | 139.43 | −0.066% | $6.4M | $10.5M | 20x | as long as short |
| ApeX Omni SOXLUSDT | +0.0100% | 1h | 138.78 | −0.532% | $36K | $144K | 50x | as long as short |
| Orderly PERP_SOXL_USDC_mythos | +0.0100% | 8h | 139.24 | −0.202% | $1K | $5K | 20x | as long as short |
| Aevo SOXL-PERP | +0.0104% | 1h | 139.25 | −0.197% | $5K | — | 10x | as long as short |
| Lighter SOXL | +0.0120% | 1h | 139.51 | −0.009% | $656K | $2.6M | 20x | as long as short |
| tradeXYZ xyz:SOXL | +0.0144% | 1h | 139.50 | −0.016% | $21.7M | $32.3M | 10x | as long as short |
| Coinbase International SOXL-PERP-INTX | +0.0240% | 1h | 139.21 | −0.224% | $979K | $3.3M | 10x | as long as short |
| Bybit SOXLUSDT | +0.0242% | 8h | 139.56 | +0.027% | $46.6M | $225.8M | 100x | as long as short |
| edgeX SOXLUSDC | +0.0372% | 4h | 139.09 | −0.310% | $173K | $331K | 10x | as long as short |
| GRVT SOXL_USDT_Perp | +0.0396% | 8h | 138.77 | −0.539% | $64K | $194K | 10x | as long as short |
| Deribit SOXL_USDC-PERPETUALshort | +0.0612% | 1h | 139.29 | −0.166% | $111K | $386K | 10x | |
| Kraken Futures PF_SOXLUSD | +0.0969% | 1h | 139.24 | −0.201% | $88K | $342K | 20x | as long as short |
Phemex SOXLUSDT
BloFin SOXL-USDT
Lighter RH SOXL
Polymarket Perps SOXL-USD
Ondo Perps SOXL-USD.P
QFEX SOXL-USD
KuCoin SOXLUSDTM
ApeX Omni SOXLUSDT
Orderly PERP_SOXL_USDC_mythos
Aevo SOXL-PERP
Lighter SOXL
tradeXYZ xyz:SOXL
Coinbase International SOXL-PERP-INTX
Bybit SOXLUSDT
edgeX SOXLUSDC
GRVT SOXL_USDT_Perp
Kraken Futures PF_SOXLUSD